tax credit

I firmly believe that every child in Alabama deserves access to a quality education that prepares them for a successful career and fulfilling life. But far too many students in Alabama do not have this option. This is why the Alabama Accountability Act (AAA) was created in 2013. It empowers low-income families with the same … Continued

By Brandon Moseley Alabama Political Reporter Wednesday, the Alabama Senate Finance and Taxation Education Committee gave a favorable report to a bill to provide tax incentives for first time home buyers. House Bill 248 is sponsored by state Rep. Kyle South, R-Fayette. Sen. Greg Reed, R-Jasper, who carried the bill for South, said the bill … Continued

By Brandon Moseley Alabama Political Reporter Monday, State Sen. Tom Whatley, R-Auburn, announced that he introduced Senate Bill 277, to give tax credits to Alabama companies that contract to build President Donald Trump’s border wall. Whatley said that his bill supports President Trump’s effort to secure our borders while growing Alabama’s economy. Whatley’s proposal will … Continued

By Brandon Moseley AlabamaPolitical Reporter Thursday, the U.S. House Republican caucus unveiled The Tax Cuts and Jobs Act, which they claim will fundamentally reform the tax code for the first time since 1986. U.S. Rep. Bradley Byrne, R-Montrose, issued a statement in response to the introduction. “Tax reform has the potential to make America boom … Continued

By Staff Alabama Political Reporter Thursday, Congressman Bradley Byrne, R-Montrose, joined bipartisan colleagues in introducing the Career Advancement Through New Skills Act, H.R. 4088. Representatives Byrne, Mike Thompson, D-CA, Derek Kilmer, D-Wash., and Randy Hultgren, R-Illinois, introduced legislation which would incentivize employers to invest in their employees, giving them the necessary training to close the … Continued

By Brandon Moseley Alabama Political Reporter In the 2015 Special Session, the Alabama legislature passed a new tax on the dispensing of prescriptions. The purpose of the tax was to raise more money for the beleaguered Alabama Medicaid program. On Wednesday August 17, 2016, the Alabama House of Representatives voted to repeal the tax after … Continued

By Brandon Moseley Alabama Political Reporter On Tuesday, April 6, the House passed House Bill 224 sponsored by State Representative Danny Garrett (R-Trussville). Garrett said that the purpose of creating the new tax credit is to expand and grow jobs. To become a qualified fund manager to use the tax credit, applicants must apply to … Continued

By Bill Britt Alabama Political Reporter MONTGOMERY—Under revisions to the Alabama Accountability Act, some private school students will be given a bigger share of the State’s education money. Under current law, the tax credit is equal to the lesser of (1) 80 percent of the average State cost of educating a public K-12 student in … Continued

By Brandon Moseley Alabama Political Reporter Wednesday, April 15, US Representatives Bradley Byrne (R-Mobile) and Terri Sewell (D-Selma) have reintroduced the bipartisan Workforce Development Tax Credit Act. Congressman Byrne said in a written statement, “The workforce needs in the United States are rapidly changing, and skills training is becoming more important than ever before. That’s … Continued